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Anti-CBDC Bills Advance in Congress

The Breakdown

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Exploring Congressional Bills and Sentiment on Central Bank Digital Currencies

Discussion on two bills related to Central Bank Digital Currencies (CBDCs) in the US Congress, one to prevent CBDC development and the other to prevent CBDC testing by Federal Reserve branches. Views of various individuals, including senior Fed officials and presidential candidates, on the need for a CBDC and its potential impact on the upcoming elections are explored.

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